Personal Loan in Bihar: Your Complete Guide to Easy and Quick Financing

When life throws unexpected expenses your way—be it for a medical emergency, a wedding, education, or starting a small business—having access to quick and hassle-free financing is crucial. That’s where personal loans come in, offering you financial freedom without needing to pledge any collateral. And if you're living in Bihar, you're in luck. This guide covers everything you need to know about getting a personal loan in Bihar, including interest rates, eligibility, documents, and the best banks and NBFCs operating in the state. Whether you're based in Patna, Gaya, Bhagalpur, Muzaffarpur, or any other city or town in Bihar, this guide is designed to help you navigate your options smoothly.

Quick Approvals
Secure Process
24x7 Assistance


As an Indian national, I consent to LoanIndeed accessing my credit information from Credit Bureaus. I agree to receive communications from LoanIndeed and its partners via SMS, email, calls, or WhatsApp.

By continuing to send OTP, you agree to our Terms and Conditions and Privacy Policy.

10M+ satisfied clients achieving their financial goals

5x Industry Awards

Recognized for excellence

Loans Disbursed

10K+ loans thrive

Happy Customers

1M+ trust nationwide

99% Approval Rate

Quick and reliable process

Overview

Why Opt for a Personal Loan in Bihar?

Personal loans have gained immense popularity across Bihar due to their flexibility and quick disbursal. Here are a few reasons why people prefer personal loans:

·        💼 No collateral required

·        🕐 Quick processing & disbursal

·        📉 Competitive interest rates

·        📄 Minimal documentation

·        🛠️ Multipurpose usage: Wedding, education, travel, home renovation, etc.

Bihar’s economic landscape has evolved in recent years, with growing urban centers and better access to banking services. As a result, both salaried professionals and self-employed individuals now have more access to personal loan offerings than ever before.

Top Banks & NBFCs Offering Personal Loans in Bihar

Here are some of the most trusted banks and financial institutions providing personal loans in Bihar:

1. HDFC Bank

·        Interest Rate: 10.5% to 21%

·        Loan Amount: ₹50,000 to ₹40 lakhs

·        Tenure: Up to 5 years

·        Processing Time: 24-48 hours

2. ICICI Bank

·        Interest Rate: 10.75% onwards

·        Quick approval via net banking or mobile app

·        Special offers for salaried individuals

3. State Bank of India (SBI)

·        Interest Rate: 11% to 14.5%

·        Lower interest for government employees

·        Easy application via YONO app

4. Bajaj Finserv

·        Instant approval and same-day disbursal

·        Flexible repayment options

·        Interest rates starting at 11%

5. Tata Capital

·        Customizable EMI plans

·        No hidden charges

·        Online tracking and management

These institutions have physical branches and digital platforms, making the process convenient whether you are in Patna or a smaller town like Saharsa or Begusarai.

Loan Calculator

Amount

Length

% Interest

Monthly EMI

/mo

Principal

Interest

Total Payable

Features & Benefits

Personal Loan in Bihar: Your Complete Guide to Easy and Quick Financing Loanindeed

Features & Benefits

Feature Icon
(Instant Approval)
Apply with Flexi Loan, and we will guarantee minimal loan rejection.
Feature Icon
(100% Online Process)
Don’t visit the banks. Apply for a loan online without leaving your comfort.
Feature Icon
(Minimal Documentation)
Get a loan approval after submitting just 6-7 basic digital documents with Flexi Loan.
Feature Icon
(No Collateral Required)
Get flexible loans without mortgaging movable or immovable property.
Feature Icon
(Flexible Loan Amount)
Get loans as per your requirements, ranging from ₹1 lakh to ₹50 lakh.
Feature Icon
(Flexible Tenure)
Get EMIs according to whatever loan amount you apply for with Flexi Loan, with tenure ranging from 2 years to 7 years.

Eligibility Criteria for Personal Loan in Bihar: Your Complete Guide to Easy and Quick Financing

Eligibility criteria may differ slightly among lenders, but here’s a general benchmark: • Age: 21 to 60 years • Employment: Salaried or self-employed • Monthly Income: Minimum ₹15,000 (varies by lender) • Credit Score: 700 or above is ideal Having a stable job or business and a good credit history improves your chances of approval and may fetch you lower interest rates.
  • Age
    Age : 21 to 60
  • Minimum Income
    ₹ 15k
  • Minimum Tenure
    upto 5 years

Finance Made Simple,
Trust Made Strong

Your journey to hassle-free borrowing starts here.

Connect with a real loan expert today!

Secure & Transparent

No hidden charges, no surprises. 100% secure loan experience.

Real Humans, Not Bots

Get answers from real people who care about your goals.

You’re in Control

Choose your amount, term & product. We guide, you decide.

Required Documents

Applying for a personal loan in Bihar is simple, and most banks ask for the following basic documents:

·        ✅ Proof of Identity: Aadhar card, PAN card, Passport

·        ✅ Address Proof: Utility bill, Ration card, Voter ID

·        ✅ Income Proof: Salary slips (last 3 months), ITR, or bank statements

·        ✅ Employment Proof: Offer letter or employment certificate

·        ✅ Passport-size photographs

How to Apply

Got Questions? We’ve Got Answers!

Explore some of the most common questions about our Loanindeed. If you don’t find what you’re looking for, our team is always here to help!

Instant Loan Approvals

Get quick approvals with a seamless online process designed to save your time and effort.

Trusted and Transparent

Enjoy complete transparency with no hidden charges, ensuring trust and reliability at every step.

Flexible Loan Options

Choose from a wide range of customized loan plans tailored to meet your financial needs.

Secure Transactions

Experience safe and secure digital transactions with advanced encryption and privacy protection.